This is great!
It should have been created a long time ago, it now seems so obvious, thank you Ted for this great service to the Tech world!
I'm in the process of raising a seed round, I'll do my best to convince the investors to use these docs.
Actually, as next step, it would be great if you could provide open source docs for all the other usual suspects: stock option plan, stock option agreement, NDA, employment letter, etc
Any chance for that?

A decade ago, a company would need to raise a couple of million of dollars to create a new product and effectively bring it to market. Today that amount is dramatically smaller. The advent of cloud computing, open source software, platforms with APIs, and numerous other changes have lowered th...